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Quantum X signs LOI to buy 80% stake in TraderMade Systems for US$550,000 in stock
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Quantum X signs LOI to buy 80% stake in TraderMade Systems for US$550,000 in stock
  • Quantum X entered a binding LOI to buy 80% of UK market-data provider TraderMade from Currency Mountain Holdings.
  • Fixed price of USD 550,000, paid via 550,000,000 Quantum X common shares priced at USD 0.001 each.
  • Deal includes assignment of a GBP 412,162.47 receivable owed by TraderMade, including accrued interest.
  • Shares issued as consideration carry a six-month lock-up; share count remains fixed despite pre-closing price moves.
  • Closing targeted within 90 days, subject to due diligence, an independent valuation, key staff retention, consents, clean title.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Quantum X Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202610061500PR_NEWS_USPR_____NY65291) on October 06, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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